SOCIETE LANGUEDOCIENNE D'AGREGATS : revenue, balance sheet and financial ratios

In 2024, SOCIETE LANGUEDOCIENNE D'AGREGATS achieves revenue of 3.4 M€. Revenue is growing positively over 9 years (CAGR: +4.4%). Significant drop of -15% vs 2023. After deducting consumption (621 k€), gross margin stands at 2.8 M€, i.e. a rate of 82%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 861 k€, representing 25.3% of revenue. Warning negative scissor effect: despite revenue change (-15%), EBITDA varies by -40%, reducing margin by 10.6 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 546 k€, i.e. 16.0% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 12%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches 79%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.6 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 20.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

The liquidity ratio (= Current assets / Current liabilities) stands at 832.73. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months. The interest coverage ratio (= EBIT / Interest expenses) is 1.5x. Coverage is limited: any activity downturn would jeopardize interest payments.

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 41 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 35 days. The company must finance 6 days of gap between collections and payments. Inventory turnover is 85 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 120 days of revenue, i.e. 1.1 M€ to permanently finance. Over 2016-2024, WCR increased by +39%, requiring additional financing.

Based on 95 transactions of similar company sales (all years), the value of SOCIETE LANGUEDOCIENNE D'AGREGATS is estimated at 913 920 € (range 274 278€ - 4 915 750€). With an EBITDA of 861 498€, the sector multiple of 1.4x is applied. The price/revenue ratio is 0.17x (conservative valuation). This multiples method compares the actual sale price of similar companies to their financial indicators (Revenue, EBITDA, Net Income). It provides a market-based indicative estimate.
Medium reliability: estimate to be confirmed with in-depth analysis.